• Title/Summary/Keyword: Housing Bond Information Relay System

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A Study on Improvement of Housing Bond Information Relay System Using Blockchain (블록체인을 활용한 국민주택채권 정보 중계시스템 개선방안 연구)

  • Nam, Jin-Seok;Yang, Hae-Sool
    • Journal of Digital Convergence
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    • v.15 no.8
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    • pp.203-212
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    • 2017
  • The National Housing Bond Information Relay System is a representative financial information relay system in which institutions are connected with center system. A centralized structure is expensive to construct and operate center, and there is a problem that all networks are disconnected when a failure occurs in the center system. In this paper, we propose the national housing bond information relay system model based on Blockchain technology that can process information safely and efficiently. The proposed model constructs a Blockchain network so that each institution that processes the national housing bond information can transmit information safely, and each institution manages the same distributed ledge by a smart contract. The proposed model can reduce the cost because it can process complicated national housing bond transaction information without a relay center, and a network usage and disk usage decreased by 1.7% and 8.53%.